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PTC
AddedMar 19, 2024
UpdatedJul 9, 2026
PTC

PTC

Public

U.S. software company providing technology solutions for manufacturers, connecting products to the Internet.

HQ
Boston, MA, US
Founded
1985
Overview
Compare
Fundraising
Employees

Founded in 1985 and headquartered in Boston, Massachusetts, PTC Inc. is a software company dedicated to transforming the way manufacturers create, operate, and service products. The company's core mission is to enable industrial innovation through advanced technology solutions. PTC offers a range of products including Windchill, a suite for managing the product development lifecycle (PLM), and ThingWorx, a platform for the Industrial Internet of Things (IIoT). Their services focus on real-time information sharing, dynamic data visualization, and collaboration across geographically distributed teams, primarily targeting the manufacturing sector.

PTC Inc. has garnered significant attention and investment from notable figures and organizations in the tech industry. The company has achieved key milestones such as the widespread adoption of its PLM and IIoT platforms by leading manufacturers globally. PTC's impact is evident in its ability to elevate product development, manufacturing, and field service processes, making it a pivotal player in the digital transformation of industrial operations.

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PTC - Quick Facts

Who are PTC's competitors?

Companies similar to PTC include Plexus, Aras, Progressive Machine & Design and TwinThread.

When was PTC founded?

PTC was founded in 1985.

Where is PTC's headquarters located?

PTC's headquarters is located in Boston, MA, US.

When was PTC's last funding round?

PTC's most recent funding round was for $1B (USD) in June 2018.

How much has PTC raised to-date?

As of Jun 11, 2018, PTC has raised a total of $1B (USD).

How many employees does PTC have?

PTC has 7,231 employees as of Feb 6, 2024.

PTC - Classification

Ownership
  • Public
Technology
  • AI
  • IoT
Geographic Exposure
  • Global
Revenue
  • Recurring
Customer
  • Enterprise
Main Product
  • PLM
  • Software
Tags
  • Iiot
  • SaaS
NAICS
  • 513200Software Publishers
  • 510000Information
  • 513000Publishing Industries
  • 513210Software Publishers
SIC
  • 7300Business Services
  • 7370Computer Programming, Data Processing, And Other Computer Related
  • 7372Prepackaged Software
ISIC
  • 1820Reproduction of recorded media
  • 5820Software publishing
Show 4 more industry codes
NAICS
  • 334600Manufacturing and Reproducing Magnetic and Optical Media
  • 330000Manufacturing
  • 334000Computer and Electronic Product Manufacturing
  • 334610Manufacturing and Reproducing Magnetic and Optical Media